Member Info for shamI89

I did not think that they were carrying 2.7 billion debt off the books. I am really sorry for all of holders here and wish them good luck.

Upto price of oil as premier took a gamble with north sea acquisitions. Good think is that price of oil is being driven by corona virus and Saudi arabia , Saudi Arabia needs 84 dpb and would be coming back to Opec soon.

Tullow was trying to sell its stake in there but had some tax issues with Ugandan authorities, they should update us in this update as sale fetched them 900 million and company retained 11% stake.

20p is coming faster than I thought. Tomorrow and Thursday shouod be interesting.

Realky hard to get an impartial expert opinion on these bb, too many agendas here, some are negative to get a lower entry, others are positive to get out with a profit.Others are trading it so they can be negative/positive depending on their positions. So if you think oil would recover then buy these at these prices and come back after a month or so.

They tried doing that in 2014/15 and could not debt shale so had to resort to production cut to increase price of oil.Shale survived 27 dpb before why cant it survive nown

Bfath got stuck because of bad trade lol.Hopefully he will get his break even and a profit .

Oil moving towards 40s and we got an update on Thursday, we will be updated on Ugandan/Kenyan asset sales hopefully and exact amount of oil being produced.

Can blame Dorothy and TD took a lot of abuse when premier hit 19. She is doing all she could do .Right now looks like oil is bouncing back and this time we dont have oil glut like 2014/15, demand is there but Corona virus has crippled the economy.Let the world deal with Corona Virus and we will see oil bouncing back.

This BOD has burnt through nearly 250 millions and got nothing to show for it. They could have picked up some really cheap assets for that money.

It did hit 30 before and there were very few casualties around, even some people predicted that UK shale producers would be out of buisness if oil hit 27 but that did not put them out of buisness either.Fact is it is all hype and fear.

Buy any of these today.

Any

What is live bid/ask?

Latest figures shown by Kosmos energy, they are partners with Tullow .

Latest figures show that actual production is 85000 I think, they were having some technical issues with wells due to which they have to be conservative with production rate.However issue has been rectified now.

85000 I think

I can see it hitting 30 or more in anticipation of good results on Friday.It would be really volatile .

24.5 and from there it can go upto 27 or go down to 23. It kind of depends on sentiment, I am expecting some sort of bounce as price crashed around 16:00.It looks like a hell lot of retail money is ready to move into this tomorrow.

It went lower than 65 as I kept on adding more and think I bough last tranche around 48 level.